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What Is Opening Price?
Opening price
The first stroke of a securities on a business day of a stock exchange.
paction
The first deal.
Transaction price
That is, the opening price for the day.
According to the provisions of the Shanghai stock exchange, if there is no paction within half an hour after the opening of the stock market, the previous day's opening price will be the opening price of the day.
Sometimes, when a securities is closed for several days, the stock exchange shall provide guidance price according to the price trend entrusted by the customer to the securities paction, so as to make the paction price open as the opening price.
On the first day, the securities traded on the market are opened at the beginning of the day.
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